Altisource Announces Addition of Industry Sales Leader to Senior Leadership Team


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LUXEMBOURG, Nov. 13, 2009 (GLOBE NEWSWIRE) — Altisource Portfolio Solutions
S.A. (Nasdaq:ASPS) announced that Scott A. Slifer, CMB joined its senior
management team as Senior Vice President of Business Development and
Marketing. In this role, Scott will oversee Altisource’s business
development and marketing activities for its Mortgage Services and
Technology Products segments and report directly to William B. Shepro, Chief
Executive Officer.

“Scott brings a solid and diverse sales and marketing background that will
help Altisource diversify its client base and grow,” said William Shepro.
“With his strong industry expertise and relationships, Scott will promote
Altisource’s value-add services and technology solutions principally related
to real estate and mortgage portfolio management.”

Scott has over 22 years of diversified domestic and global business
development experience in senior management roles with such companies as
General Electric, Freddie Mac and Citibank. Scott holds an Engineering
Degree from Bucknell University and received his CMB designation in 2007.

About Altisource:

Altisource Portfolio Solutions S.A. (Nasdaq:ASPS) is a provider of services
focused on high value, knowledge-based functions principally related to real
estate and mortgage portfolio management, asset recovery and customer
relationship management. Utilizing our integrated technology that includes
decision models and behavioral based scripting engines, we provide solutions
that improve our clients’ performance and maximize their returns. Additional
information is available at


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